Insteel Industries (Germany) Price on February 20, 2024
| HZ8 Stock | EUR 27.00 0.40 1.46% |
If you're considering investing in Insteel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Insteel Industries stands at 27.00, as last reported on the 30th of January, with the highest price reaching 27.00 and the lowest price hitting 27.00 during the day. At this point, Insteel Industries is very steady. Insteel Industries holds Efficiency (Sharpe) Ratio of 0.0857, which attests that the entity had a 0.0857 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Insteel Industries, which you can use to evaluate the volatility of the firm. Please check out Insteel Industries' Downside Deviation of 1.56, market risk adjusted performance of 0.2874, and Risk Adjusted Performance of 0.0789 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
Insteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Insteel |
Sharpe Ratio = 0.0857
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HZ8 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Insteel Industries is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Insteel Industries by adding it to a well-diversified portfolio.
Insteel Industries Valuation on February 20, 2024
It is possible to determine the worth of Insteel Industries on a given historical date. On February 20, 2024 Insteel was worth 32.27 at the beginning of the trading date compared to the closed value of 32.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Insteel Industries stock. Still, in general, we apply an absolute valuation method to find Insteel Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Insteel Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Insteel Industries' related companies.
| Open | High | Low | Close | Volume | |
| 32.27 | 32.27 | 32.27 | 32.27 | 1.00 | |
02/20/2024 | 32.27 | 32.27 | 32.27 | 32.27 | 1.00 |
| 31.67 | 31.67 | 31.67 | 31.67 | 1.00 |
| Backtest Insteel Industries | | | Insteel Industries History | | | Insteel Industries Valuation | Previous | Next |
Insteel Industries Trading Date Momentum on February 20, 2024
| On February 21 2024 Insteel Industries was traded for 31.67 at the closing time. The highest daily price throughout the period was 31.67 and the lowest price was 31.67 . There was no trading activity during the period 1.0. Lack of trading volume on 02/21/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.86% . The trading delta at closing time to current closing price is 3.07% . |
Insteel Industries Fundamentals Correlations and Trends
By evaluating Insteel Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Insteel Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Insteel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Insteel Industries Stock history
Insteel Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Insteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Insteel Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Insteel Industries stock prices may prove useful in developing a viable investing in Insteel Industries
Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina. INSTEEL INDS operates under Metal Fabrication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 810 people.
Insteel Industries Stock Technical Analysis
Insteel Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Insteel Industries Period Price Range
Low | January 30, 2025
| High |
0.00 | 0.00 |
Insteel Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Insteel Industries January 30, 2025 Market Strength
Market strength indicators help investors to evaluate how Insteel Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Insteel Industries shares will generate the highest return on investment. By undertsting and applying Insteel Industries stock market strength indicators, traders can identify Insteel Industries entry and exit signals to maximize returns
Insteel Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Insteel Industries' price direction in advance. Along with the technical and fundamental analysis of Insteel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Insteel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0789 | |||
| Jensen Alpha | 0.13 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.066 | |||
| Treynor Ratio | 0.2774 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Insteel Stock analysis
When running Insteel Industries' price analysis, check to measure Insteel Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Insteel Industries is operating at the current time. Most of Insteel Industries' value examination focuses on studying past and present price action to predict the probability of Insteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insteel Industries' price. Additionally, you may evaluate how the addition of Insteel Industries to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |